Tuesday, March 16, 2010
Melissa Francis: CNBC Twit of the Day 3/16/10
Mark Calabria: We need to keep in mind what Milton Friedman regularly reminded us . . .
Mellissa Francis: Yes. Always.
Mark Calabria: . . . monetary policy acts with a long and variable lag.
My God! Melissa didn’t even know what it was that the Catotonic goofball wanted us to keep in mind. But it didn’t matter. She heard the hallowed name of Friedman and she she was ready to start speaking in tongues. “Amen! Amen!” “Glory be to the Chicago School!” It’s bad enough that she cannot bring herself to ask one of these libertarians idealogues whether less government oversight is really the cure for the banking system, do we have to listen to her ecstatic utterances, too?